And oil prices have jumped after Donald Trump suggested there’s no immediate end to the blockade of the Strait of Hormuz.
MARKET WRAP: Mix of risers and fallers leave NZX50 almost flat.
Easing 'can't come soon enough' as long-term interest rates inflate.
A teenage football player was stranded by Air New Zealand's sudden decision to stop its Buenos Aires service early.
Airline's shares tank as market absorbs implications of government bailout.
Food delivery, chatbots and will-making boom as the country inches toward shutdown.
But there is a possibility of a condition breach before the takeover is completed.
UPDATED: National finance spokesperson Paul Goldsmith supports the loan to Air NZ.
Waikato hydro power scheme is on land claimed by at least two iwi.
UPDATE: Company's shares rise amid wider market rally.